5 Room (5I) HDB for Sale in 138 Pasir Ris Street 11

The valuation of the 5-room HDB located in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $695,873, translating to a price per square foot of $494. This figure reflects a subtle market signal, showcasing a mere 0.3% deviation from the baseline price, indicating a relatively stable environment for HDB transactions in the area. Such a slight fluctuation suggests that buyer sentiment remains cautiously optimistic, with recent transactions providing a basis for this valuation.

However, the model confidence is classified as low, primarily due to the reliance on only two recent resale transactions within the vicinity. This limited dataset may impact the robustness of the valuation, warranting a more comprehensive analysis to ascertain the underlying market dynamics. As the remaining lease of 66 years plays a crucial role in the valuation, it is imperative for potential buyers to consider both the longevity of the lease and the evolving market conditions that could influence future resale potentials.